18
Jan
10:33
Domestic coking coal rebounds, coke stable
Some domestic coking coal prices have rebounded as sales turned better in auctions since this Tuesday. As some coking companies started to cut production from last Friday, coke prices are stable.
With the Chinese New Year approaching, supply from domestic mines will not be loose as safety is prioritized. So, miners are not willing to decrease prices further after low sulphur prime coking coal dropped CNY 200/t ($27.9/t) in the first two weeks of 2024. In addition…
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Anonymous
Very good overview of the weekly steel market.
Anonymous